What is a Contract and Do You Need One?
If you’ve ever done work for hire, the answer to ‘do I need a contract (an agreement)’ is YES! You should never do work for money unless there is something written down and agreed upon. Even if the work being done if for a friend or family member. Especially if its a family member.
Click HERE to download a copy of our contract template.
If you need help with creating, managing, and signing contracts I would recommend Hello Bonsai. Its an online portal that allows you to quickly and easily create and send a contract. Hello Bonsai also keeps track of when that contract was read and signed. Pretty handy when you’ve got a lot of moving parts in your project.
If you’d like to receive one month free, click here for my referral link.
Whether you call it an agreement, a contract, or bargain, both sides of the contract need to agree to the contract terms.Contracts are tools used to help both sides understand the expectations from everyone when it comes to work being done.
If you’d like to learn more, check out Episode FHS 29 Contracts! where we dive a little deeper into contracts.
When creating a contract you’re going to have at least 4 main parts to a contract:
- ID the Players
- Scope of Work
- Payment
- Schedule of Work
As always, please consult with a lawyer for your specific needs and verbiage for your contract.
Click HERE to download a copy of our contract template.